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Technology Stocks : The Roaring Twenty 1998 -- Ignore unavailable to you. Want to Upgrade?


To: White Shoes who wrote (75)5/12/1998 2:11:00 AM
From: White Shoes  Read Replies (2) | Respond to of 338
 
WTT was bought for reasons of value, and perhaps I was swayed by the notion that their market was growing. They make some kind of electronic testing product. Well, the market isn't growing, and the Asian collapse shot it all to hell. A recent statement by management that "well we still have some fight in us and there are still some customers" or something to that effect did not inspire confidence.

I will try to get 4 1/4 for it but best idea would be to unload sooner rather than trying to ride out the storm. The storm could take it to $1 and it will be a mighty long wait coming back to where we bought it from there.

Basically, I don't know what it is or why I bought it, so I guess I should sell it. If anyone disagrees speak now...